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Mutual of Omaha sponsors a professional liability (errors and omissions) insurance program for its agents and brokers. This program is administered by Marcotte Insurance Agency and is underwritten by Westport Insurance Corp.
Click on the links below to reveal more information. |
What is Errors and Omissions Coverage?
Coverage Underwritten By a Leader
Eligibility
Coverage Summary
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Will Apply To: "Claims made and reported" during the policy period.
For: Negligent acts, errors or omissions, including damages caused by libel, slander or invasion of privacy.
Prior Acts Coverage: Back to date of first continuously maintained E & O policy.
Extension Period: Automatic to the next anniversary date for Brokers whose contract with Mutual is terminated during the policy period, but only for acts committed prior to the termination date of the contract and only for acts committed subsequent to the inception date of coverage under the policy. One year extension is available. Contact Marcotte within 30 days of termination and pay required additional premium. |
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Deductibles: |
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$500 for Mutual of Omaha products; $1,500 for any other company's products. |
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Limits: |
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$1,000,000 each claim; $1,000,000 aggregate each Broker; and $15,000,000 combined aggregate for all Brokers. |
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Combined aggregate does not apply in the state of New York. |
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Limit includes defense costs. |
Annual Premium Schedule
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Registered Representatives of and Securities offered through QA3 Financial Corp., Member FINRA www.finra.org /SIPC, Investment Advisor.
Representative of and Advisory Services offered through QA3 Financial, LLC, an SEC Registered Investment Advisor
Bob Foster is licensed to sell Securities and Insurance in the following states: AZ, NE, IA, FL, MN, MO, SD, RI, CO, MS, SC, TX
Joe John is licensed to sell Securities and Insurance in the following states: AZ, NE, IA, IL, KS, MD, MS, OK, UT, WY, SD, CO, MO
Derek Bailey is licensed to sell Securities and Insurance in the following states: NE |
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